@alpha At the beginning of February, the hedge funds had a short position of 6,588 contracts (about 33 million ounces). This was the lowest number since 2010. Hedge funds have increased their short position by almost 5x since then.
Mine supply of silver in 2012 was 787 million ounces, according to the Silver Institute. The short position is thus 20% of annual mine supply.
The largest silver ETF (SLV) has about 321 million ounces of silver in its inventory. So the hedge fund short position in the futures market is almost 50% of SLV's inventory.
I took another small delivery to set up long but we haven't really seen the bad inflation yet some say.
Understand the chart above and you will see it then. Never hurts to take delivery when these animals are beating the
stuffings out of it. In time guys, patience on this. As for july august thought smarter than me see peak august minset
I will not confirm but will walk slowly later into raws since I think some will undestand the warm reboot from the affairs last time
things fell into the core from EM. Discounting the insanity in MENA which if you note and I will maintain simplicity on this context on
what and who will fade this human tragety. God awefull affairs with the bent of minds causing this misery. If I am wrong, we covered it
here anyway. Peace
http://zfein.com/photography/detroit/
http://logansiegel.com/
http://www.nakedcapitalism.com/2013/06/ ... hirst.html ***
Your estate is what you own when you die – your home and what’s in it, other real estate you may own, your bank account, annuities and so on. And even if you have a will, your heirs are chopped liver. Low-income people often have only one major asset – the home in which they live and, in some cases, this has been the family home through several generations. So what this boils down to is: If you are put into Medicaid – congratulations – you just got a mandated collateral loan if you use Medicaid benefits at age 55 or older! States keep a running tally.
As do they in two hooded figures the night, but in the dawn a smouldering ruin.
Medicare will typically assert a lien against certain assets, such as your home, so that it can potentially recover some of the money it has paid for your care after you die. If you acquire sufficient assets that you no longer qualify for Medicare, then you would stop receiving those benefits until your assets are spent down to a qualifying level. CRA to get you and ACA to take it back on the dawn of your demise. Nothing is true anymore.
To date is raised bed gardens in the end result for us. Some other escrow sites are slow to be cleaned up also. But overall it is what it is. Offsets.